Assume that wal-mart buys a particular television set for $95. the cost of placing an order for a shipment of tvs is $25. the cost of keeping inventory for wal-mart is 20% per year. they expect to sell an average of 600 tv sets in a year, at a fairly steady rate. how many sets should they buy to minimize their total annual cost? given your answer, would you think it reasonable to change it to a more convenient number? if so, to what and why? by how much would this change the total cost?

The legal form of business ownership that is owned by many people is called a

Which of the following statements is true about financial planning

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.